Great Investment Opportunity! This 4 bedroom, 2 bathroom home offers solid potential for a rental portfolio or a profitable flip. Featuring a functional layout with a comfortable living area and well-sized bedrooms. This property is ready for your personal touches. Whether you’re looking to renovate or hold as a long-term rental, the possibilities are endless. Conveniently located near local amenities and major routes. Don’t miss out on this promising investment!
For sale
Price cut: $5K (12/4)
$125,000
423 Laclede Ave, Memphis, TN 38126
4beds
1,451sqft
Est.:
Single Family Residence
Built in 1940
4,356 Square Feet Lot
$-- Zestimate®
$86/sqft
$-- HOA
What's special
Functional layoutWell-sized bedrooms
- 6 days |
- 106 |
- 3 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 04, 2025 at 12:37pm
Listed by:
Jeffry J Goff,
Keller Williams 901-261-7900,
Karen L Marino,
Keller Williams
Source: MAAR,MLS#: 10210807
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Hardwood Floor
- Level: First
- Dimensions: 0 x 0
Bedroom 2
- Features: Hardwood Floor, Shared Bath
- Level: First
Bedroom 3
- Features: Carpet, Shared Bath
- Level: First
Dining room
- Features: Separate Dining Room
- Dimensions: 0 x 0
Kitchen
- Features: Pantry
Living room
- Features: Separate Living Room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Floor Furnace
Cooling
- Window Unit(s)
Appliances
- Included: Vent Hood/Exhaust Fan, Range/Oven
- Laundry: Laundry Closet
Features
- All Bedrooms Down, Primary Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Hardwood, Part Carpet
- Number of fireplaces: 1
- Fireplace features: Masonry
Interior area
- Total interior livable area: 1,451 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Pool features: None
- Fencing: Wrought Iron
Lot
- Size: 4,356 Square Feet
- Dimensions: 50 x 92
- Features: Level
Details
- Parcel number: 013046 00019
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood/Composition
- Foundation: Slab
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Wrought Iron Security Drs
- Subdivision: Washington Hgts Blk 6
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $86/sqft
- Tax assessed value: $22,800
- Annual tax amount: $375
- Price range: $125K - $125K
- Date on market: 12/4/2025
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,114/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Price change | $125,000-3.8%$86/sqft |
Source:  MAAR #10210807 Report a problem | ||
| 12/1/2025 | Price change | $130,000-7.1%$90/sqft |
Source: Owner Report a problem | ||
| 11/9/2025 | Listed for sale | $140,000+250%$96/sqft |
Source: Owner Report a problem | ||
| 4/14/2025 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/6/2025 | Listed for rent | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $375 +8.1% | $5,700 |
| 2023 | $347 | $5,700 |
| 2022 | -- | $5,700 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$766/mo
Principal & interest
$631
Property taxes
$91
Home insurance
$44
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 4/10Larose Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10B T Washington High SchoolGrades: 6-12Distance: 0.6 mi
- Loading
- Loading
